Posts Tagged ‘Portfolio Management’

I think it was more than a year ago now, I finished Hedge Fund Market Wizards, the third installment in Jack Schwager’s epic compilation of interviews with legendary market practitioners. I’m only just getting around to posting my favorite excerpts and takeaways now. Enjoy…

I’ve been monitoring the internal correction, which has Small Caps ($IWM) -2.5% ytd with the average stock in the Russell 3000 ($IWV) in a full-blown bear market — despite Large Caps ($IWB) being +8% ytd. My multidisciplinary analysis yields a buy signal for IWM…Read the rest of this entry »

I get a few comments and emails every week. Some are argumentative and some agreeable. That’s just what makes a market — we all buy our assets from sellers, and we sell to buyers. Fact of life that somebody will always be on the other side of your trade. Read the rest of this entry »

“Markets crash all the time. You should, at minimum, expect stocks to fall at least 10% once a year, 20% once every few years, 30% or more once or twice a decade, and 50% or more once or twice during your lifetime. Those who don’t understand this will eventually learn it the hard way.”